Suppose gasoline has few close substitutes available. if so, then an increase in the price of gasoline will likely a. increase the quantity of gasoline demanded by a relatively large amount. b. decrease the quantity of gasoline demanded by a relatively small amount. c. increase the quantity of gasoline demanded by a relatively small amount. d. decrease the quantity of gasoline demanded by a relatively large amount. e. not change the quantity of gasoline demanded.
Answers: 3
Another question on Business
Business, 22.06.2019 00:40
Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?
Answers: 3
Business, 22.06.2019 09:50
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Business, 22.06.2019 10:00
Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.
Answers: 2
Business, 22.06.2019 11:50
Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points
Answers: 2
You know the right answer?
Suppose gasoline has few close substitutes available. if so, then an increase in the price of gasoli...
Questions
Mathematics, 26.04.2021 21:50
Mathematics, 26.04.2021 21:50
Biology, 26.04.2021 21:50
Mathematics, 26.04.2021 21:50
Mathematics, 26.04.2021 21:50
World Languages, 26.04.2021 21:50
Mathematics, 26.04.2021 21:50
Mathematics, 26.04.2021 21:50
History, 26.04.2021 21:50
